BY ANDREW GIOVINAZZI
September 26, 2024
Yo Pit Crazies,
Let your fingers do the walking with Option Fingerprints. Do that here!
Speaking of the best fingerprints in trading history, the investing prowess of Nancy and Paul Pelosi, our ranking former Democratic SOTH , is quite good. They were able to exit their sizable Visa Inc (Ticker: V) position prior to the DOJ putting the finger on Visa as an anti-trust scoundrel. The fact that there is massive competition in credit cards and payment services notwithstanding.
Somehow Speaker Nancy has some darn good timing.
V 1 year chart
We balance that against the fortunes of PayPal Inc (Ticker: PYPL) which really liked the anti-trust news but has since topped out.
PYPL 1 Year Chart
V is not on my Longshot List for Flash 10, but PYPL is.
Let’s see why
PYPL is on my Longshots List as a stock to watch. There is some accumulation in the option fingerprint in just OTM calls with the stock up about $15 since March. It is not big yet and early which is why i have it on the Longshots list.
PYPL Mar 15, 2024 option fingerprint
PYPL Sep25, 2024 option fingerprint
PYPL Jan2026s are gaining some traction right now as the 2025s roll off at the end of year in what could only be described as a terrible year for PYPL. It is hard to believe it was a $300 stock in the COVID Era of 2021.
Now if the Option Fingerprint can be half as good as the Pelosi Indicator, I might be onto something.
To Your Trading Success,
AG
Andrew Giovinazzi
30-Year Trading Pro
See what's hot at option pit
CAPITOL GAINS: SMR Aug16 7 call closed for a 150% gain
DELTA STRIKE: VLY Mar15 8 puts closed for a 88% gain
PFE May17 26 calls closed for a 66% win
OP MENTORING: SPY Mar22/19 510 put calendars and 520 calls for 6.4% gain
OPTION SHOPPER: ERX Mar28 65 calls closed for a 90% gain
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